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2. Sullivan Sporting Goods is considering two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are

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2. Sullivan Sporting Goods is considering two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $17,100 and $22,430 for the pulley system. The firm's cost of capital is 14%. Cash flows are as follows: Year Truck Pulley 1 $5,100 $7,500 2 $5,100 $7,500 3 $5,100 $7,500 4 $5,100 $7,500 5 $5,100 $7,500 Calculate the IRR, the NPV. and the MIRR for each project and indicate the accept/reject decision for each

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